About Us
At ELM Resources, we believe in developing and supporting innovative products and services for those in the private student lending community.
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We focus on creating efficiencies through technology, providing unparalleled service, producing a faster way for schools to connect with lending partners, and an easier way to manage the process in order to provide the best options for their students.
How Are We Different?
Education Loan Management Resources (ELM) was established in 1994 by a group of lenders looking to improve schools' loan processing. At the time, every school had to process their loans based on each lender's system or other exclusive loan delivery systems.
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ELM was created for the sole purpose of enhancing this process, and today, we are the only
not-for-profit, mutual benefit corporation serving the student loan industry and the loan providers serving those schools.
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Our products include ELMOne, which empowers schools with the ability to efficiently manage private student loan processing and disbursements through a centralized system. ELMSelect offers students the ability to compare and select the loan that best fits their needs and schools the ability to create their own customized site.
"Today, ELM's core mission remains strong - to provide an unparalleled service to the higher education industry. Each day, we are laser-focused on creating efficiencies for private student loan processing. Listening to our customers and adapting to their needs are always top-of-mind."
Quick Facts
#1
Trusted Partner For Private Student Loan Processing
84%
Total Private Student Loan Certifications Processed Through ELM
25+
Years Serving The Higher Education Industry
Largest
Network Of Lender Partners
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95%
Average Satisfaction Rating
Since 2009
Only
Not-for-Profit, Mutual Benefit Corp in the Industry
100%
Site Availability
Since 2017
12+
Average Years Of Tenure For Service Center Members​
The Culture
ELM strives to create a culture that empowers a happy, creative, and independent workforce. We are passionate about our team and customers, and believe that providing premier service is the key to success.
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We believe that what makes us different makes us stronger. Building a more diverse, inclusive, and balanced organization is good for our teams, customers, and community. We empower each other to bring unique perspectives and experiences to work, and we continually seek new ways to do so.
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We help our team members thrive in the ELM of today and support them in building the ELM of tomorrow. We do this in several ways—through leadership development programs, learning resources, and enriching experiences both in and out of the office. With these resources, we work to establish a solid foundation equipped to adapt, experiment, learn from challenges, and create value. Take a look at Core Values.
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Our History
ELM founded by national lenders as a Not-For-Profit to support the industry
National Disbursement Network (NDN) was established
1994
1995
1996
First Loans certified through ELMNet
1999
Web application, ELMProduction.com was introduced
2010 HEALTH CARE AND EDUCATION RECONCILIATION ACT (HCER) ELMINIMATES FFEL PROGRAM - ELM REFOCUSES ON PSL SERVICES
2004
2013
2023
2007
2015
2024
ELMSelect initial launch
ELMOne web platform launched with continuous community driven enhancements solely focused on school efficiencies
ELMOne generation 2 coming soon!
Real-time file processing released
Major advancements in product comparison
Providing a better way to manage and compare lender products